The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1887-03-24

DduhNio "asu1lhN. - % AViioVo.
Government obliga-
tions. 80, 80 ,OOO, 900
Home railways. 3.6OO,OOO.OOO
Other home securities. S,125.000,00O
Total. ......... ST.. 45, ZOO, 600
This vast sum Of English indebt.
ednes bears an average annual ill.,
tercst Of 4. per cent, making an an.
nual tax upon labor of 100000, 600.
This stupendous machinery. in the
hands OF few thousands men, not
only enables them to rob the pro-
ductiye force Of England Of every
shilling OF its hard surplus earnings,
but to control the financial policy OF
America and nearly all Europe.
It is the antocrat OF the world,
ruling not only the destiny OF en-
pires, but peoples. It has a policy
OF its own, for its own perpetuity and
ACKNOWLEDGEMENT. which it compels
almost the civilized world to adopt
and follow.
1t constitutes the brains and con-
trolling spirit Of Wall street, the vul-
lures nest where all our financial
legislation is incubated, and where
presidents, administrations and
senators are Matched.
This s7O0,oOO,OOO, and ms much
more, made from American invest
ments, they are investing largely in
mortgages upon western farms. with
the view Of finally owning the soil
Of this republic as they do the soil
OF England and Ireland.
| When they own the soil they be-
come master Of the situation.
American freemen will become the
tenant slave Of foreign plntocracy.
With slavery comes weakness, and
this is the goal when the American
| farmer is nearing.
A letter received this week from a
well posted farmer Of one Of the
ri chest counties III Kansas gives the
startling information that I 500 farm.
ers in his county are under mort
gage, and that the mortgages will
average $500 each.
He further informs us that they
have already paid an amount of in
terest equal to the principal, and
that prices Of products have become
So low, and rates of transportation
continue so high, they can not sci
dollar worth for as much as 1t cos,
to produce it.
Now this conditions Of things Il
made to order.
England has surplus Of money.
| She wants to use 1t TO gohble W
all the farms in America, get hel
money all back In form OF interest
then rope In the farmers as clear
gain.
| A. soon as she had invested hel
money and got possession Of the
mortgages, she went to work through
! Wall street and our administration
and law makers to contract the cur.
rcncy, so that farmers could not re-
deem their farms.
| We all know that prices are II
proportion to the quantity OF none,
| Ia circulation.
| When they found they could no
| induce congress to suspend the coin
age OF silver and retire the green
backs, so as to make money scarce
and prices low, they resorted to the
boarding process, which would an,
sver the same purpose.
| The result is, one half the money
of the country Is boarded in the
national treasury, and IN order to
keep it there the president yetoe:
every pension bill that would draw q
dollar Of ii out and into circulation
| ! quarter If the nations money is
boarded IN New York ban ks, so, fol
all the good our large volume OF
money does to relieve our debt and
tax -hurdened industries, 81 ,250, 0O0,.
900 of II might as we'll he at the bot.
/ tom OF mid ocean.
| There are but two remedies, a way
! by which the farmers can save their
homes, and pre<ent their subjuga
ton to foreign land lordism.
l. They must demand and receive
money from the government, on the
same time and terms tbs the banks
| obtain their distributing
farm mortgages or trust deeds, fol
United States bonds. This they
must nbta In in sufficient quantity Il
pay of their mortgages.
sAo1'itiS AShIlSId tloIi VI
gage Indebtedness by a national
bankrupt act, including the wipine
out Of moitgage-secured indebted
nass.
One OF these conditions the mort
gage holders must submit to, or III,
farmers lnust submit to condition
Of serfGom, not at aii rongnnial K
the spirit OF American INDEPENDENCE
These are truths, plain and simple
and the people may Us we'll lool
them squarely in the face, first Il,
last: for the longer they wai., til,
harder will be ,4e struggle for free
dom and victory. -(ChlcaSo Expire ).
arxxrzz~nzxxAxzSasnszzaA
Certainly the Best.
Papillon (Clurke's extract OF fax
catarrh cure, from an experiment
has grown to be the ucknow.